GeoSec - Payment Security

GeoSec provides geo-location based validation to the current payment architecture and thereby reducing fraudulent transactions. It is API based service that will enable payment processors to integrate 'Geo-location validation' to their own service. It provides an additional layer of security by using the 2-step approach of Data Validation + Geo-location Validation before a payment is authorized. This would very likely protect the merchants from later charge backs that payment processors lack currently. Our services are used for both, card-present transactions and card-not present transactions and thus covers all types of payments including Mobile payments, Online payments and Physical payments.